PTC Message Board - Msg: 13376740

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Technology Stocks : PTC

PTC 173.84

-8.4%

Nov 6 3:59 PM EST

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To: Edwarda who wrote (3352)	4/7/2000 4:35:00 PM
From: Ram Seetharaman	Read Replies (1) of 3646

I still think, IMHO that revenue shortfall was not a disaster at all, since PMTC will make it up eventually as Windchill picks up steam. The hype built in the stock was due to CNBC and some magazines like Smart Money and Money, where some money managers over-zealously touted the stock, particularly T.Rowe Price. PMTC oversold to $ 8+ (since marked was really pissed off! - the typical Wall Street Greed and Fear Syndrome causing manic depression!))and now it has zoomed to $ 11+. It will be at $ 15 before you realize it. If you are looking for a decent return, I would buy now! If PMTC meets the street for the rest of the three quarters, $ 20 is an easy target, and with the same type of hype it could even do $ 30. So a double from these levels is almost assured!

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